Retirement tax questions

The 5-year rule is still in effect on the Roth IRA.

I am enclosing a link below to part of the article as it provides some very good plain English explanation of this. 

https://www.rothira.com/roth-ira-5-year-rule

Since death is an exception, when a Roth IRA owner dies, beneficiaries who take a distribution will not pay a penalty—no matter whether the distribution is principal or earnings (interest).

Death does not, however, eliminate the 5 tax-year rule for earnings to be tax-free. If you, as a beneficiary, take a distribution from an inherited Roth IRA that was not held for 5 tax years, the earnings will be subject to tax."

click on the link as it will tell you an order to take out if you do not wait for the   5 years. 


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